Key Financial Figures (Standalone)

  • Income from Operations: ₹743.50 lakh (FY26) vs ₹1109.81 lakh (FY25)
  • Total Income: ₹793.70 lakh (FY26) vs ₹1128.80 lakh (FY25)
  • Total Expenditure: ₹1987.29 lakh (FY26) vs ₹4632.18 lakh (FY25)
  • Loss before Tax: ₹1193.59 lakh (FY26) vs ₹3503.38 lakh (FY25)
  • Loss after Tax: ₹755.79 lakh (FY26) vs ₹3498.44 lakh (FY25)
  • Total Comprehensive Loss: ₹1422.35 lakh (FY26) vs ₹3636.76 lakh (FY25)

Key Financial Figures (Consolidated)

  • Income from Operations: ₹743.50 lakh (FY26) vs ₹1109.81 lakh (FY25)
  • Total Income: ₹793.70 lakh (FY26) vs ₹1128.80 lakh (FY25)
  • Total Expenditure: ₹1987.60 lakh (FY26) vs ₹4644.06 lakh (FY25)
  • Loss before Tax: ₹1193.90 lakh (FY26) vs ₹3515.26 lakh (FY25)
  • Loss after Tax: ₹756.10 lakh (FY26) vs ₹3510.32 lakh (FY25)
  • Total Comprehensive Loss: ₹1422.67 lakh (FY26) vs ₹3648.63 lakh (FY25)

AGM Details

  • Date: September 30, 2026
  • Time: 09:00 A.M.
  • Mode: Video Conferencing (VC) or Other Audio Visual Means (OAVM)
  • Venue: Registered Office at Door No. 19 & 20, General Muthiah Mudali Street, Sowcarpet, Chennai-600003
  • Cut-off date for voting rights: September 23, 2026
  • Book closure: September 24, 2026 to September 30, 2026

Agenda Items

Ordinary Business

1. Adoption of Financial Statements: To receive, consider and adopt the Audited Standalone and Consolidated Financial Statements for FY ended March 31, 2026, together with Reports of Board of Directors and Auditors.

Special Business

2. Appointment of Mr. Dipesh Jaswantlal Shah (DIN: 09511575) as Non-Executive Independent Director for 5 years from July 03, 2026 to July 02, 2031.

3. Re-appointment of Mrs. Sitaben S Patel (DIN: 02470150) as Non-Executive Independent Director for a second term of 5 years from October 28, 2026 to October 27, 2031.

4. Approval of material related party transactions with Rekha Bhandari (LENDING) for aggregate value not exceeding ₹25 Crores over 3 years from September 30, 2026 to September 30, 2029.

5. Approval of material related party transactions with Rekha Bhandari (BORROWING) for aggregate value not exceeding ₹25 Crores over 3 years from September 30, 2026 to September 30, 2029.

6. Approval of material related party transactions with Prajal Bhandari (LENDING) for aggregate value not exceeding ₹25 Crores over 3 years from September 30, 2026 to September 30, 2029.

7. Approval of material related party transactions with Prajal Bhandari (BORROWING) for aggregate value not exceeding ₹25 Crores over 3 years from September 30, 2026 to September 30, 2029.

8. Approval of material related party transactions with Prajal Nutrifoods Private Limited (LENDING) for aggregate value not exceeding ₹25 Crores over 3 years from September 30, 2026 to September 30, 2029.

9. Approval of material related party transactions with Prajal Nutrifoods Private Limited (BORROWING) for aggregate value not exceeding ₹25 Crores over 3 years from September 30, 2026 to September 30, 2029.

10. Approval of material related party transactions with Prajal Nutrifoods Private Limited (ACQUISITION) for aggregate value not exceeding ₹25 Crores over 3 years from September 30, 2026 to September 30, 2029.

Related Party Transaction Details

| Related Party | Nature of Relationship | Transaction Type | Limit (₹ Crores) | Period |

| Rekha Bhandari | Director's Relative (Spouse) | Lending/Borrowing | 25 each | 3 years |

| Prajal Bhandari | Director's Relative (Son) | Lending/Borrowing | 25 each | 3 years |

| Prajal Nutrifoods Pvt Ltd | Private company where director's relative is director | Lending/Borrowing/Acquisition | 25 each | 3 years |

Total aggregate limit sought: ₹150 Crores across all related party transactions

Director Information

Board Composition (as of March 31, 2026)

  • Mrs. Sitaben S Patel - Chairperson, Non Executive Independent Director
  • Mr. Mayurdwajsinh Sahadevsinh Rana - Non Executive - Non Independent Director (upto 01/07/2026)
  • Mr. Sahadevsinh Babubha Rana - Non Executive - Non Independent Director (upto 01/07/2026)
  • Mr. Dipesh Jaswantlal Shah - Additional (Non Executive, Independent) Director (w.e.f. 03/07/2026)
  • Mr. Umeshbhai Hirjibhai Padariya- Non Executive Independent Director
  • Mr. Sunil Bhandari - Wholetime Director

Key Managerial Personnel

  • Mr. Sunil Bhandari- Chief Financial Officer
  • Mr. A. Jitendra Kumar Bafna - Company Secretary & Compliance Officer

Auditor Information

  • Statutory Auditors: M/s. Darpan & Associates, Chartered Accountants, Chennai
  • Secretarial Auditors: M/s. SPAN & CO., Company Secretaries LLP, Practising Company Secretaries, Chennai
  • Total fees paid to Statutory Auditor: ₹1,00,000/- for FY 2025-26

Auditor Qualifications

Statutory Auditor Qualifications:

1. The company has not provided Interest of ₹68.25 Lakhs on borrowings/ICD from Arcadia Shipping Ltd due to an ongoing dispute. Non-provision has decreased Finance Cost by ₹68.25 Lakhs and reduced Loss after Tax correspondingly.

2. The Company has not used accounting software with audit trail (edit log) facility for maintaining its books of account for the whole financial year.

Secretarial Auditor Report:

The Secretarial Audit Report for FY 2025-26 does not contain any qualification or reservation or adverse remarks.

Capital Structure

  • Authorized Capital: 3,67,00,00,000 Equity Shares of ₹1/- each
  • Issued, Subscribed and Paid-up Capital: 1,64,00,00,000 Equity Shares of ₹1/- each
  • Share Warrants: 85,30,00,000 fully convertible warrants allotted on 18/02/2025 at issue price of ₹1.05 (including premium of ₹0.05) upon receipt of 25% upfront money

Subsidiary Information

  • Subsidiary: Srestha Greentech Pvt Ltd (acquired 30/07/2024)
  • Shareholding: 75%
  • Net worth: (₹12.19) Lakhs
  • Total assets: ₹443.12 Lakhs
  • Loss after tax: (₹0.32) Lakhs

Important Dates and Procedures

  • Remote e-voting period: September 27, 2026 (9:00 A.M.) to September 29, 2026 (5:00 P.M.)
  • E-voting service provider: Central Depository Services (India) Limited (CDSL)
  • Scrutinizer: M/s. S. Praharaj & Associates, Company Secretaries
  • Results declaration: To be placed on company website and communicated to BSE and MSEI

Key Ratios (Consolidated)

  • Current Ratio: 3.52 (FY26) vs 3.53 (FY25)
  • Debt Equity Ratio: 0.29 (FY26) vs 0.33 (FY25)
  • Return on Equity Ratio: (0.05) (FY26) vs (0.21) (FY25)
  • Net Profit Ratio: (101.70) (FY26) vs (316.01) (FY25)

Other Material Information

  • The company has one subsidiary (Srestha Greentech Pvt Ltd) and no joint ventures or associate companies
  • No material changes affecting financial position occurred between year-end and report date
  • No significant or material orders passed by regulators/courts/tribunals impacting going concern status
  • CSR provisions not applicable to the company during the year under review

#Tags: #SresthaFinvest #FY2026Results #AGM2026 #RelatedPartyTransactions #SEBIDisclosure #RegulatoryCompliance #FinancialUpdate #Negative